Integrated payment solutions provider Citcon has joined forces with Japan-based firm GMO Payment Gateway to expand cross-border payment capabilities.
The alliance is an extension of GMO-PG’s previous investment in Citcon and aims to enhance the payment offerings available to merchants across several key markets.
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It will enable Citcon to incorporate GMO-PG’s Japanese payment methods into its existing platform, which include credit cards, digital wallets, and convenience store payments.
Consequently, merchants operating in the US, Canada, the UK, and China will be able to accept payments commonly used by Japanese consumers.
In the future, GMO-PG intends to utilise Citcon’s global infrastructure to broaden its service reach, allowing Japanese merchants to process international payments through Citcon’s suite of payment solutions.
Citcon CEO Casey Bullock said: “At Citcon, we are committed to making global commerce easier and more inclusive. This partnership with GMO-PG adds essential Japanese payment methods to our platform, enabling our merchants across North America, Europe, and Asia to better serve Japanese customers.
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By GlobalData“It also allows GMO to bring Citcon’s global capabilities to its domestic merchants, creating a powerful two-way bridge for commerce.”
GMO Payment Gateway specialises in payment services that support online businesses and the transition to cashless operations, including digital transformation initiatives.
GMO Payment Gateway director and executive vice president Ryu Muramatsu said: “GMO-PG is proud to advance our strategic partnership with Citcon, building upon our previous investment.
“Citcon’s strong global presence and expertise in cross-border payments present a compelling opportunity to serve both Japanese merchants seeking to expand internationally and global merchants aiming to enter the Japanese market.”
Set up in 2015, Citcon enable merchants to accept payment methods, including more than 100 mobile wallets, credit cards, and alternative payment options, through a single platform integration.
